Amidst the initial hustle and bustle of starting a venture, usually we tend to overlook accounting processes. But even if it does not fit in your main priorities, accounting is part of company’s compliance costs which is generally unavoidable. Here are three things you should know that will help you put the accounting system in place at a lower cost, without having to compromise with the compliances.
It’s difficult for new ventures to hire an accountant to keep records. So, most startups turn to spreadsheet software to list expenses. But there is more to accounting than that.
A list of five things that fresh entrepreneurs usually forget in their initial calculations.
You finally decided to get your venture registered. What next? Here are five things that you must do to manage your business’s accounts and finances immediately after registering your business.
Book keeping might easily be the least sexy part of being an entrepreneur. But if you keep at it and maintain updated and proper books, the rewards far outweigh the trouble of crunching numbers. Here are the five top reasons to help you rethink procrastinating on account keeping.
Losing sleep over your company’s financial health? Making time for effective book-keeping can give you a clear picture of the company and lead you in the right direction.